January 27, 2021
1 min read

‘Nothing’ to unveil smart device soon

The announcement came shortly after a $7 million round in seed financing in December that included tech leaders and investors such as Tony Fadell, Casey Neistat, Kevin Lin, Steve Huffman and Josh Buckley….reports Asian Lite News

OnePlus Co-founder Carl Pei on Wednesday launched a new London-based consumer technology company called “Nothing” that will release its first smart devices in the first half of this year.

The announcement came shortly after a $7 million round in seed financing in December that included tech leaders and investors such as Tony Fadell, Casey Neistat, Kevin Lin, Steve Huffman and Josh Buckley.

Kunal Shah, Founder, CRED, has also invested in “Nothing” although the amount has not been disclosed yet.

“It’s been a while since anything interesting happened in tech. It is time for a fresh breeze of change,” said Pei, CEO and founder of ‘Nothing’.

“Nothing’s mission is to remove barriers between people and technology to create a seamless digital future. We believe that the best technology is beautiful, yet natural and intuitive to use. When sufficiently advanced, it should fade into the background and feel like nothing,” he said in a statement.

The company aims to inspire people to believe in the positive potential of technology, and will set the pace starting in 2021.

“Consumer tech is a tidal wave of limitless potential. Nothing will be the brand at the forefront and I can’t wait for the world to experience its products,” said Casey Neistat, YouTuber and an investor in “Nothing”.

The Swedish tech entrepreneur co-founded OnePlus in 2013 at the age of 24.

After nearly seven years, Pei made the “difficult decision” of leaving the company in October 2020.

Shah has invested in multiple sectors through his career and this investment is in his personal capacity. He founded members-only credit card management and bill payments platform CRED in 2018.

“Shah is one of the sharpest people I know. I am proud and glad to have him as a friend, advisor and now also an investor,

Also read:Dunzo raises Rs 293 cr in funding from Google, Lightbox

Previous Story

Microsoft profit jumps 17%

Next Story

TCS becomes most valued IT company

Latest from Business

China Curbs Hit India’s Electronics Boom

The ICEA noted this results in delays, inefficiencies, and higher costs — alternatives from Japan or Korea cost up to four times more than Chinese machinery. India’s transformation into a global electronics

India Maps 8.52 MT Rare Earth Reserves

The Atomic Minerals Directorate for Exploration and Research (AMD) and the Geological Survey of India (GSI) are actively exploring and augmenting rare earth resources, while the GSI alone has added 482.6 million

‘India’s Digital Hub Ascends’

The event also featured discussions on the Quad Partnership for Cable Connectivity and Resilience, reiterating commitments made during the July 1 Quad Foreign Ministers’ Meeting India’s growing role as a key digital

India’s Job Market Surges

With hiring levels on the rise, compensation is expected to increase by 12-15% in metro cities and by 18-22% in emerging cities India’s festive season this year is poised to create more
Go toTop